Celia SGAR’s Post

💯 Focussing on what you can give over what you can gain is not just a strong personal value - It's strategical in building strong business relationships too! Thanks for sharing, Celia! #BusinessRelations #Partnerships #Success

Choosing a vendor based only on cost is a short-term win but can be a long-term loss. Here’s why focusing on value is better for your business: 1. Better Quality: Higher standards mean fewer returns and happier customers. 2. Consistency: Reliable vendors meet deadlines, even when demand spikes. 3. Fewer Hidden Costs: Low-cost vendors often come with unexpected expenses. 4. Stronger Relationships: Value-based partnerships lead to long-term success. 5. Brand Protection: Higher quality control safeguards your brand’s reputation. Stop thinking about short-term savings and start thinking about long-term growth. Let’s discuss how to build lasting vendor relationships. #VendorManagement #SupplyChain #BusinessGrowth

🔍 Why Careful Supplier Selection is Crucial for Your Business Success 🔍 The right suppliers can make or break your operations. It's not just about finding someone who can deliver what you need—it's about finding a partner who aligns with your values, quality standards, and business goals. Too often, businesses rely on recommendations or social media requests to find suppliers. While these methods might sometimes yield results, they often feel like playing the lottery. Why leave your business to chance when there's a more effective way? Do Your Homework: Invest time in researching potential suppliers. Understand their capabilities, track record and reputation. Look for reviews and case studies to see how they have performed for others. Leverage On-Demand Platforms: Platforms that perform due diligence can save you time and provide peace of mind. These platforms vet suppliers rigorously, ensuring they meet high standards of quality and reliability. Using them, you bypass the guesswork and reduce the risk of costly mistakes. In today's competitive market, taking shortcuts can lead to long-term headaches. Move beyond the lottery of social media/casual recommendations and invest in reliable, vetted supplier partnerships. #BusinessStrategy #SupplierSelection #SupplyChain #QualityControl #BusinessSuccess

Looking for reliable suppliers for your small business but don’t know where to start? Finding trustworthy suppliers is critical for your business success. However, many small businesses face common roadblocks in the sourcing process. Here’s how to overcome them: 🔴 Limited Supplier Options Many small businesses struggle with a lack of options when searching for suppliers who meet their needs. ✅ Expand your search beyond traditional online marketplaces. Attend industry trade shows, use sourcing platforms, or network within industry-specific groups to uncover more supplier choices. 🔴 Unpredictable Quality & Delivery Issues Poor product quality or missed deadlines can set back your business and damage your reputation. ✅ Always vet your suppliers. Request product samples, and ask for references or case studies. Build a relationship with suppliers that can offer consistent quality and reliable lead times. 🔴 Lack of Transparency in Communication Many suppliers hide details on costs, lead times, and product specifications. ✅ Prioritize suppliers who are open, transparent, and responsive. Ensure they provide clear communication on pricing, timelines, and any potential challenges before you commit to a long-term partnership. By focusing on quality, reliability, and communication, you can easily identify suppliers who will help your business grow, not slow it down. Remember, the right supplier can be a long-term partner in your success. Need help finding reliable suppliers that align with your business goals? DM me or leave a comment below. #SupplierSourcing #BusinessGrowth #FactoryPartnership #SMEs

Price increase requests from vendor partners are frustrating. Trust me, its equally frustrating for vendors too. Yes sure, it make us uncomfortable and sometimes the whole truth is not on the table. However, mishandling them can lead to strained relationships and financial setbacks. The worst and most common things you could is to -Ignore Communication -React Emotionally -Refuse Negotiate Try doing this instead -prioritize open communication channels to understand the reasons behind the increase and explore potential solutions, if needed. - Stay calm, gather facts, and approach the situation with a strategic mindset. -Embrace negotiation as a chance to find mutually beneficial solutions that uphold quality and value. Remember, successful business relationships are built on trust, respect, and collaboration. Do you agree? What's your hack to manage price increase requests? #procuretech #procurement

Does your vendor support your growth or slow it down? Running a business means juggling a lot, and sometimes the toughest choice is deciding who you trust as a partner. Your business strategy might be rock solid, but if your suppliers aren’t, it can be detrimental to everything you’ve built. For a few years, I had a vendor for Ibiye who was more headache than help. At first, I didn’t think switching would be worth it because of the price point, but their delays and poor communication kept negatively impacting my customers and my reputation. Apologizing became my routine, and one day, I decided something had to change. This year, I made a bold decision: I let go of that vendor. The difference has been night and day. My customers are happier, I’m showing up better, and the emotional stress is finally off my shoulders. Now, what did I learn? Vet your vendors thoroughly. Give them time to prove themselves, but if they’re holding you back, don’t hesitate to make a change. The right partners will elevate your business; the wrong ones will drag you down with no remorse whatsoever. #vendormanagement #businessgrowth #customersatisfaction #supplierrelationship #brandreputation, #proactivebusinessdecisions

🔍 Why You Should Expect Periodic Business Reviews from Your Vendors 🔍 As a customer, it's crucial to receive ongoing value and support from your vendors. Expecting and encouraging periodic business reviews can significantly enhance your partnership by: ✅ Ensuring Alignment: These reviews help keep your vendor aligned with your evolving goals and needs. ✅ Demonstrating Value: Vendors can showcase the tangible benefits and successes achieved through their products or services. ✅ Identifying Improvements: Regular feedback sessions provide a platform to discuss potential improvements and innovations. ✅ Strengthening Relationships: Open communication fosters a stronger, more collaborative relationship. Periodic business reviews are not just beneficial; they are essential for maximizing the value and effectiveness of your vendor relationships. Insist on them and ensure your vendors are as committed to your success as you are! If you haven't seen your rep since you signed your agreement, you're missing out and your vendor has let you down. Let's talk! #CustomerSuccess #VendorManagement #BusinessReview #ClientPartnerships #ContinuousImprovement #copiers #printers #managedprintservices

Vendors, it's time to get creative! 🎨 Your focus should be on how to become a strategic vendor to your partners as the facts show that partners are increasing revenue YonY only with their key strategic vendors. And to do that, it is all about positively influencing their customer base. 1️⃣ Look at things from the partners' perspective. What do they need to deliver more value into their customers? 2️⃣ Understand your partners' customers' needs. What do partner customers want - now tailor and personalise your approach. 3️⃣ What new value can you help your partners to deliver? It's about providing solutions that make a difference - your success is directly linked to your partners' success. So, get creative and strategic! 🚀 If you want to be involved in all of the discussions and Q&As at the next Channel Meet Up in Boston, follow the link below: https://lnkd.in/e6nz_GJb

Ever wondered what keeps the wheels of your business turning smoothly, besides your staff? Look no further than your trusty vendors. These sometimes unsung heroes ensure that you have the right materials, at the right time, and at the right price. Good vendor relationships are like a fine wine, improving with age and attention. By treating your suppliers as partners rather than just transactional entities, you can unlock a world of benefits, from cost savings to innovation opportunities.

Ever wondered what keeps the wheels of your business turning smoothly, besides your staff? Look no further than your trusty vendors. These sometimes unsung heroes ensure that you have the right materials, at the right time, and at the right price. Good vendor relationships are like a fine wine, improving with age and attention. By treating your suppliers as partners rather than just transactional entities, you can unlock a world of benefits, from cost savings to innovation opportunities.